Wednesday, February 19, 2025

"Social Security Has More Active Social Security Numbers than the United States Has Population" by Paul Craig Roberts

 

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Source: Paul Craig Roberts

Social Security Has More Active Social Security Numbers than the United States Has Population

Social Security Has More Active Social Security Numbers than the United States Has Population

Paul Craig Roberts

Dear Readers, 

If you are puzzled why Democrats and the US Civil Service are begging judges to prevent the Trump administration from having access to official US government data, the Social Security data alone explains it.

The US population according to the CensusBureau is 334 million, but according to current Social Security records, there are 398 million people with active Social Security numbers.  In other words, 64 million more people have US Social Security numbers than exist.

According to the Social Security Administration’s official data, there are two active Social Security accounts of people who are older than the United States.

According to the Social Security Administration, there are active Social Security numbers for 3.6 million Americans between the ages of 110 and 119 years of age; 3.4 million between the ages of 120-129 years of age;  3.9 million between the ages of 130-139; 3.5 million between the ages of 140-149, and to pass by these absurd active Social Security numbers, we have the Social Security Administration attesting to the fact that there are 1,039 active Social Security numbers for people aged 220-229 years old.

Who is receiving these benefit checks?  This is what the corrupt judiciary is keeping secret by blocking DOGE, claiming it is a violation of privacy. 

It must be the privacy of dead people or zombies.  Here is Elon Musk’s X release:   https://x.com/elonmusk/status/1891350795452654076

Here is Coffee and Covid’s account:  https://www.coffeeandcovid.com/p/waterloo-monday-february-17-2025?utm_source=post-email-title&publication_id=463409&post_id=157318312&utm_campaign=email-post-title&isFreemail=false&r=15k3qo&triedRedirect=true&utm_medium=email 

Trump and Musk are trying to restore the integrity of the US government and to stop the theft of government revenues and the intrusiveness of government into our lives.  Over the course of my life government has become intrusive in ways that were impossible when I was young.  For example,  I still have my first Social Security card from 1957 needed for my first job in a Columbus, Georgia, cotton mill at $1.00 per hour.  My take-home pay for a  40 hour week, 7am – 3pm, was $33.00.  My Social Security Card says in large red letters, “NOT FOR IDENTIFICATION PURPOSES.”

In America today you cannot do anything without using your Social Security card or number for identification.  Your Social Security number, not your name, has become your identity, an identity that the digital revolution makes it easy for criminals to steal.  

Did you read  in the whore media about this extraordinary fact that Social Security accounts exceed the population?  Of course not.  The official narrative is that Trump is going to balance the budget by ending Social Security payments.  This is more fake news from the whore media that told us Trump was a Russian agent.  Instead of cutting Social Security payments, Trump wants to stop the fraud. https://x.com/bennyjohnson/status/1891685749398859982 

Sunday, February 16, 2025

Thursday, February 13, 2025

"US Federal Debt Tsunami Warning" by Dmitry Orlov

 

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Source: Club Orlov

US Federal Debt Tsunami Warning


The new Trump administration is moving as quickly as possible to cut government spending and increase government revenues:

• Many new tariffs are being introduced to decrease the trade deficit while increasing government revenues.

• Efforts are being made to get NATO members to pay more for US-made weapons.

• Federal departments are being audited (USAID has been slaughtered already; other departments are queueing up in front of the abatoir) looking for corruption, money laundering and waste.

• Thousands of federal workers have been given a generous incentive to resign voluntarily while quite a few others have been sacked already.

• The US will no longer be supporting the former Ukraine, will not introduce troops into the former Ukrainian territory, will not live to its mutual defense commitments under Chapter 5 of NATO charter and will do its best to end its failed proxy war against Russia. There is still talk of "containing China" but it is unlikely to amount to much more than some new tariffs which China can shrug off (US trade is by now a mere 5% of China's total).

As with most things American, the rationale behind these desperate measures has to do with money: the US federal government is running out of it. The problem is not so much long-term debt as short-term debt, which needs to be rolled over immediately, coupled with the overall trend of stagnant revenues and ballooning budget deficit. Revenues since the beginning of the fiscal year (October through January) came to $1.596 trillion, and while that's nominally higher than last year's $1.584 trillion, when adjusted for inflation it is actually a decrease.

Meanwhile, spending is growing by leaps and bounds, amounting to $2.435 trillion since the start of the fiscal year against $2.116 trillion a year ago. Over the past 12 months, revenue came to $4.929 trillion while spending came to $7.064 trillion — that's a budget deficit of 43%. The point at which the US governments spends twice as much as it earns and borrows the rest is within sight! Meanwhile, over the past 12 months it has spent 23.6% of the total on interest payments. The point at which a quarter of all spending is on interest payments will be reached soon!

The relentless rise in US federal debt level, which has blown past $36.22 trillion, can be allegorically compared to the rising sea level along the Eastern Seaboard of the US caused, some say, by a slowing of the Gulf Stream: there is some coastal inundation, storm surges become more severe and in places beach erosion is undermining the foundations of stately mansions that dot the coast. At this rate, the sea level can keep rising for another generation or two, causing many billions in damage to the properties of people who had splurged on a vacation home with a sea view. This, metaphorically, is the effect of long-term debt.

Short-term debt is rather different and a more apt metaphor for it is a tsunami. Consider: the short-term portion of US federal debt has grown to over $9.47 trillion while interest payments on the federal debt have reached $1.16 trillion a year and have exceeded the amount spent on national defense. That is, the amount of debt to be rolled over (by issuing new debt instruments) over the next 12 months new comes to $9.476 trillion, which is equivalent to the total federal revenues of the US over 23.1 months. This debt tsunami is growing higher and higher: in 2019 the amount to be rolled over was $4.297 trillion, which is only half as much.

Meanwhile, the federal debt ceiling has been breached again, and the plan is to raise it by $4 trillion, making the US Treasury to continue making payments. This is the quintessential function of the US federal government: if it stops making payments on which half of the US households depend, the USA will effectively cease to exist as a unified state and will disintegrate as each state stops sending money to Washington and tries to take care of its own.

What is being done to avert this scenario? The current plan is to cut spending by $1.5 trillion and to reduce it... wait for it... by a whole $2 trillion over a 10-year period! Nobody in their right mind would ever think that this would be sufficient.

But then there is the short-term problem: borrowing another $4 trillion over the next year while rolling over close to $10 trillion in short-term debt. Interest payments will exceed a quarter of all federal spending. Trump's new tariffs may add a little something to federal revenues but will also drive up dollar inflation. In turn, interest rates will have to rise to compensate.

What happens when a tsunami reaches the shore? Typically, panic ensues. Some people run for higher ground while others drown or are swept out to sea on bits of wreckage. A debt tsunami is different because the substance in question is different: water is physical while money is a mental construct that has no physical reality at all. Another difference is that the level of panic on the shore has no effect on the level of a tsunami that strikes it whereas a financial panic is the key ingredient that makes a debt tsunami more than a mere metaphor.

But the fact remains: neither Musk's extraordinary efforts to cut waste and fraud, nor Trump's efforts to cut trade deficits and boost revenues by imposing tariffs, and certainly not the plan to cut $1.5 trillion in spending while authorizing $4 trillion in new borrowing currently winding its way through the various committees in the US House of Representatives, are likely to materially affect the eventual outcome when financial panic finally arrives.

(Hat tip: Alex)

"The West Is Dead: Russia and America Redraw the World Map" by Alexander Dugin

 

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Source: Alexander Dugin

The West Is Dead: Russia and America Redraw the World Map

Alexander Dugin asserts that the West no longer exists as a unified entity, with Trump and Putin reshaping the world order through a conservative revolution, where Canada and Greenland...

 
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Alexander Dugin asserts that the West no longer exists as a unified entity, with Trump and Putin reshaping the world order through a conservative revolution, where Canada and Greenland may fall under U.S. control, parts of Eastern Europe belong to Russia, and Europe must either become great or disappear.

It is remarkable that President Putin and President Trump have finally spoken over the phone. This is a true breakthrough because the leaders of two great powers have initiated a dialogue. Naturally, the issues they discussed pertained to the global order. It is not fitting for the leaders of two great powers to speak of minor matters without first defining new parameters for the world order.

From Conservative Revolution to the Redistribution of the World

The fact is that a genuine conservative revolution has taken place in the West. Trump and his allies have radically altered the course of the collective West by 180 degrees. Moreover, the collective West as an entity simply no longer exists. Instead, there are now the United States — Great America — which has become great in the short period of Trump’s tenure, and, for the time being, there is still liberal, globalist Europe. But this is a regrettable misunderstanding; Europe must be brought in line with the broader multipolar model to which both Trump and Putin agree. As do Xi Jinping, the great ruler of Great China, and Modi, the great ruler of Great India. Therefore, Europe must either become great, or it will cease to exist altogether, and we will forget about it.

Today’s conversation between the two architects of the new world order carries immense significance. At the same time, Putin’s Russia remains unchanged, remaining the same as before. In fact, in a certain sense, it becomes a role model for the new Great America. Essentially, we are now moving in the same direction; only the Americans are doing so swiftly, with their characteristic brilliance, while we proceed gradually and carefully. Accordingly, I believe that the foreseeable future of the modern world is an alliance between Putin’s Russia and Trump’s America. However, before that happens, the most critical contentious issue must be resolved — the question of Ukraine.

Ukraine Is Ours. Period.

Ukraine must belong to us and no one else. Not to Europe and not to America. At the same time, it is entirely conceivable that Canada will become the 51st state of the U.S. — we have no objections. Or that Greenland will become American — we have no objections. And even if Western Europe becomes American, we probably won’t object too much either. As Putin once said, the European elites are merely puppies wagging their tails before their American master. Well, let them wag — it is ultimately of no concern to us. But Ukraine, Belarus, the Baltics, and part of Eastern Europe definitively belong to us in the new map of global redistribution. There are no questions about this.

As for the Middle East, Russia is taking a course towards establishing a union state with Iran. In this regard, we indeed find ourselves in contradiction with the United States. So what? It’s not a big deal. Yes, the Russia-Iran Union State will oppose the U.S.-Israel alliance. But in the end, we will inevitably find common formulas for a truce and zones of mutual influence in this confrontation.

Ukraine, however, should play no role in this equation whatsoever. Ukraine is ours — a part of Russia, period. Belarus is our ally, period. Iran is our union state, period. From there, we will construct a more nuanced balance of relations. And if Europe ceases to exist as a subject, then that is their own doing — they brought it upon themselves. I repeat: either Europe will be great, or it will simply cease to exist altogether.

Read or listen: "Virtue Hoarders and the Rejection of Liberalism (w/ Catherine Liu) | The Chris Hedges Report"

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